Field help:
(2022)
Gifts
Gifts (deductible)
Enter here the non-deductible and the deductible expenses for gifts.
Gifts to business associates: Gifts are deductible as business expenses, provided the expenditure per person and year does not exceed 35 Euro. The amount of 35 Euro applies to entrepreneurs subject to VAT without VAT and to entrepreneurs not subject to VAT (small businesses, doctors) including VAT. Costs for labeling the gift as an advertising medium are included when determining the limit, but not shipping and packaging costs.
The 35 Euro limit is not an allowance, but an exemption limit: If the costs exceed the amount of 35 Euro per person, they are not deductible as business expenses in total. These non-deductible amounts must also be entered in this line.
Note: You must record the expenses for gifts individually and separately from the other business expenses or enter them in a separate account.
SteuerGo: The limit of 35 Euro does not apply if the recipient can only use the gift in their business (R 4.10 para. 2 sentence 4 of the Income Tax Regulations (EStR)). Business-related gifts to employees are fully deductible and must be entered.
